As globalization of the economy continues with markets expanding and becoming more complex, the MCHC Group believes that to realize synergies between each of its companies and achieve further growth, it is vital to increase the value of its patents, know-how, brands, and other accumulated intellectual capital, and leverage it strategically.
When the MCHC Group discovers new technologies, products, or services, it protects that value legally by gaining IP rights through patenting or other methods. We take appropriate measures when our IP rights are infringed by other parties. At the same time, we respect the valid IP rights of other parties, performing sufficient preliminary surveys to ensure we do not infringe any rights and pursue initiatives such as developing substitute technologies or technological workarounds so that we do not use the IP in question or we acquire usage rights from the other party.
We also target expansion of operating revenue in the MCHC Group as a whole, furthering IP synergies between Group companies by strengthening competitiveness and increasing R&D productivity as a result of the leveraging of IP between Group companies. At the same time, by utilizing each Group company's IP in mutually complementary ways, we aim to maintain the value of IP throughout the Group and to assert and protect our rights against third parties.